(Department of Revenue)
New Delhi, the 6th November, 2013

S.O. 3391 (E).In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Tripura State AIDS Control Society a body constituted by the Government of Tripura in respect of the following specified income arising to that Society, namely:—

                       “Amount received in the form of grants-in-aid from the Central Government.”

  1. This notification shall be deemed to have been applied for the financial years 2011-2012 and 2012-2013 and shall be applicable for the financial years 2013-2014, 2014-2015 and 2015-2016.
  2. The notification shall be effective subject to the following conditions, namely:—

(a) the Tripura State AIDS Control Society does not engage in any commercial activity;

(b) the activities and the nature of the specified income of the Tripura State AIDS Control Society remain unchanged throughout the

financial year; and

(c) the Tripura State AIDS Control Society files return of income in accordance with the provision of clause (g) of sub-section (4C)

        Section 139 of the Income-tax Act, 1961.

4. The grants received by the said society shall be received and applied in accordance with the prevailing rules and regulations.

[Notification No. 87/2013/F. No. 196/86/2012-ITA.-I]


More Under Income Tax

Posted Under

Category : Income Tax (28059)
Type : Notifications (15995) Notifications/Circulars (32363)

Leave a Reply

Your email address will not be published. Required fields are marked *